Hmmm ... the initial HHG holding by Mohl is the 'golden handcuff' dished out to key AMP executives 23/12/03 to guarantee they didn't piss-off during the demerger process ...
It is true Mohl acquired an additional 220,000 HHG on the same day ... 23/12/03.
Given HHG opened at $0.88 against the book figure of an expected $1.45 this was a 'no-brainer' on Mohl's part.
Given AMP track record of pump and place and also that it was public information prior to the demerger that HHG is likely to need a $2.5billion bail-out soon ... this could be just another 'sucker play' on the part of the 'in-club' ... who would benefit by another 'discounted' rights issue to themselves ... leaving the M&D's out in the snow once again.
Think I am kidding ... how does $0.75 sound ???
The leopard hasn't changed it's spots ... !!!
Cheers ... good luck to all holders.
This is only my view ... read the red stuff.
Hmmm ... the initial HHG holding by Mohl is the 'golden...
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$1.10 |
Change
-0.015(1.35%) |
Mkt cap ! $2.873B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.09 | $10.08M | 9.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 361347 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 99874 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |